Skip to 0 minutes and 10 secondsHello. This MOOC is an introduction to Business Accounting and Finance and this is an introduction to the MOOC. It is authored by Dr. Nick Collet, Senior Lecturer in Financial Management at Alliance Manchester Business School and Professor Bob Ryan visiting professor at Alliance Manchester Business School. The overall aim of the MOOC is to cover the basics of business accounting and finance. It is suitable for anyone who wants to learn just the principles and mechanics of these subjects, or for someone who wants an introduction from which they can pursue higher level study.
Skip to 0 minutes and 55 secondsThe assumed audience is non specialists: indeed the course is suitable for someone coming to Accounting and Finance for the first time. The following topics are covered: 1) Principles behind financial accounting; 2) Introduction to financial accounting; 3) Understanding the financial accounts of a business; 4) The time value of money; 5) Investment appraisal and net present value; 6) Securities and the financial markets. On completion of the MOOC, individuals will have understood the six topics and will be able to read financial statements.
Skip to 1 minute and 48 secondsThey will also be able to undertake higher-level accounting and finance courses which concentrate on the interpretation of financial statements, risk analysis in investment appraisal and new topics like the calculation of the cost of capital.